Why Live in Gales Ferry
Gales Ferry, located on the eastern bank of the Thames River in Ledyard, Connecticut, is a historic neighborhood with homes dating back to the 18th and 19th centuries. This area, known for its rural and residential feel, features narrow roads, dense tree cover, and a landscape dotted with ponds and streams. The neighborhood is home to a variety of housing options, including historic Victorians with wrap-around porches, 1920s Craftsman-style homes, and midcentury ranches, many of which sit on large plots of land. Gales Ferry’s small downtown along Route 12 includes eateries like Fireside Brick Oven and Sunny Side Diner, as well as Bro’s Barbershop and Triple B: Best Burgers and Brews. The area also features Erickson Park, a scenic spot for kayaking and picnicking, and the Gales Ferry Marina, which offers dockage and boating services. The neighborhood is served by the Ledyard School District, with Ledyard High School being highly rated. Gales Ferry is safer than the national average, making it a secure place for families. The area is car-dependent, but SEAT buses provide public transportation, and the New London Amtrak station is 8 miles away. Flood risks exist near Smith Pond, Pine Swamp Brook, and low-lying areas in the southern part of the neighborhood.
Home Trends in Gales Ferry, CT
On average, homes in Gales Ferry, Ledyard sell after 32 days on the market compared to the national average of 51 days. The median sale price for homes in Gales Ferry, Ledyard over the last 12 months is $412,450, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$412,450
Median Single Family Sale Price
$419,500
Average Price Per Sq Ft
$269
Number of Homes for Sale
2
Last 12 months Home Sales
20
Median List Price
$409,500
Median Change From 1st List Price
-4%
Median Home Sale Price YoY Change
2%